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Drug firms boosting R&D spending

Published: 2013-02-19 06:59:00
Updated: 2013-02-19 06:59:00
Domestic pharmaceutical firms have been spending more on research and development (R&D) projects to strengthen their technology leadership, industry data showed recently.

According to the Korea Health Industry Development Institute data, the combined R&D spending of 52 local firms listed in Korean Stock Exchange stood at 976.8 billion won in 2011, up 17.8 percent from a year earlier.

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